– Joint development places Globo on the leading edge of global innovation ecosystems. –
– The new solution used by Globo is now available to other media companies. –
Silicon Valley, Calif. (November 1, 2022) – Globo announced today its latest strategic partnership with HeadSpin, a developer of a data science driven digital experience intelligence platform used to provide flawless digital experiences. Both companies closed a strategic alliance to offer a state-of-the-art testing automation solution, conducted in real-time and on real devices, with AI & ML capabilities to perform root cause analysis of problems that erode user experience. This is a process designed to identify and mitigate video streaming problems on Smart TVs. The product-market fit (PMF) was developed from Globo’s experience with its streaming service Globoplay, and in a joint effort between its technology team and HeadSpin. The product is already being used by Globo and is now available for sale to other players in the media industry. With operations in Silicon Valley since 2019, aimed at identifying high-performance startups to develop new partnerships and solutions for its businesses, Globo has reinforced its presence in the global innovation ecosystem through this new partnership.
“The product was developed in approximately eight months, with the Globo and HeadSpin teams working in a collaborative and integrated fashion. We soon realized that user demands on the Globoplay platform were also real demands for other media companies, especially those providing streaming services, and so we decided to take advantage of this business opportunity,” said Carlos Moreira, Globo's Director of Ecosystem & International Partnerships at the Silicon Valley Hub.
In this way, HeadSpin has taken advantage of Globo's technological expertise, in addition to its extensive experience in the media and entertainment industry and deep penetration of the Brazilian market. In contrast, Globo will be able to increase its presence in the media industry by giving Globo Ventures the opportunity to become a future shareholder of HeadSpin besides benefiting from the startup’s own growth.
“Globo is driving its omnichannel growth in Brazil and around the world, and to do so, it sought a technology partner to improve the end user streaming experience across multiple locations and devices. With the help of HeadSpin’s solution, Globo is able to focus on development of new products to increase user engagement on devices such as Smart TVs and mobile phones.We are very proud of this partnership,” said Rajeev Butani, CEO at HeadSpin.
“Partnerships such as the one made with HeadSpin strengthen our understanding that Globo’s technology department is a valuable asset not only for driving the continuous evolution of our business, but also increasing revenue from the value created from our corporate alliances and partnerships. The ecosystem views Globo as a Technology Powerhouse that can fuel business growth of companies in this sector," said Luiz Gabriel Vasconcelos, Head of Ecosystem & Partnerships for Ad and Data at the Silicon Valley Hub.
The largest media company in Latin America, Globo is present in 99% of Brazilian homes and has already exported its stories to more than 190 countries around the world. The company reaches more than 120 million Brazilians every day through its free-to-air and pay TV channels, streaming platform Globoplay and digital products, such as Globo.com, g1, ge and gshow. The partnership deal with HeadSpin also reinforces the company's commitment to becoming a media tech company, in which building a direct-to-consumer (D2C) business model has been a key pillar in its digital transformation process.
We want to be increasingly recognized as a gateway for companies looking to expand their business operations in Brazil, tapping into this new market with a solid and long-lasting strategy. We hold valuable assets used for the development of new products and solutions and are willing to share our knowledge and experience to promote innovation and growth in the media industry as a whole,” said Carlos Moreira.
About our Ecosystems & International Partnerships at the Silicon Valley Hub
The department, located in Silicon Valley, California since 2019, aims to build a flow of technology companies with the various Globo teams, addressing the challenges of productivity and economic growth in the digital environment. This activity is fundamentally aimed at creating economic benefits, as well as gains in the quality of the user experience and brands on Globo's platforms.
The business expansion is the result of the company’s growing network across the sector and main Venture Capital funds and accelerators worldwide. Therefore, Globo has benchmarked its operational business and identified the best practices within the media industry, with Globo Ventures joining the ranks of highly qualified companies around the globe.
In 2021, after more than a year operating in stealth mode (temporary state of secrecy), the Globo Partner Program was launched to attract these startups and tech companies. Since then, the hub has worked with more than 90 partners.
Latin America's largest media company, Globo, brings together free-to-air and pay TV channels, in addition to digital products and services. Its linear channels speak to more than 120 million people in Brazil every day. It provides audiences a complete viewing experience, which combines the ability to produce high-quality content with technological expertise, with distribution on various platforms, such as TV Globo, a free-to-air TV channel; its 26 pay TV channels; its SVOD and streaming platform Globoplay; and digital products: news G1; sports GE.globo; and entertainment Gshow, among others.
HeadSpin is the world's first Digital Experience AI Platform combining cloud-hosted and on-prem global device infrastructure, test automation, and ML-driven performance and quality of experience analytics for mobile, web, audio, and video. HeadSpin empowers engineering, QA, operations, and product teams to assure optimal digital experiences throughout the development lifecycle. Learn more at www.HeadSpin.io.